Navient Corporation (NASDAQ:NAVI), a prominent player in the U.S. consumer finance sector specializing in student loan servicing, finds itself at a critical juncture as it navigates through a complex ...
Stalled lawsuits. Halted supervision and oversight. Suspended workforce. The Consumer Financial Protection Bureau is in the ...
Navient Co. SR NT 6% 121543 (NASDAQ:JSM – Get Free Report)’s stock price shot up 0.4% on Tuesday after the company announced a dividend. The company traded as high as $19.39 and last traded at $19.34.
Navient has updates to share with you this morning ... This has occurred sooner than we expected as our loan portfolios, especially our FFELP portfolio paid down more quickly.
A decline in provision for loan losses was another positive. However, a decrease in net interest income (NII) was a headwind. Navient’s GAAP net income was $24 million against a net loss of $28 ...
Navient has higher revenue and earnings than ... It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education ...
NAVI's Q4 earnings benefit from an increase in other income and a decline in expenses. However, lower NII remains a concern.
(AP) — Navient Corp. (NAVI ... Zacks Investment Research was for earnings of 20 cents per share. The student loan servicing company posted revenue of $950 million in the period.
The company said net interest income was lower because the company had paid down its FFELT and Private Education Loan portfolios. In December, Gallant Capital Partners agreed to acquire Navient's ...